Twitter to make IPO filing public this week?

According to Quartz, Twitter will make its IPO filing public this week.

The social network filed with regulators on September 12th to go public, but it did so confidentially and with no timetable. The "S1" it filed is available for companies with under $1 billion in revenue.

Twitter is expected to be valued as high as $15 billion.

Sources say Twitter will pick the NYSE over the Nasdaq for its IPO, following Nasdaq's disastrous handling of the Facebook IPO last year.

If all goes well, Twitter will be a publicly traded company before the week of November 28th.

1 user comment

It blows my mind how this nonsense excuse for technology (social technology making it even worse) qualifies for an IPO. FB IPO was sad too. There is no need for websites to go public as they don't need the FUNDING like other land-based ventures.......whatevs!!!